FPSA services economy slumps to weakest in 13 months!
NEW YORK (PNN) - January 26, 2016 - Following December's disappointing drop in Services PMI data, January's initial print of 53.7 (missing expectations of 54.0) is the weakest since December 2014. It appears the "manufacturing recession doesn't matter" meme was wrong after all. As Markit notes, the survey data paint an inauspicious start to the year for the Fascist Police States of Amerika economy.